Search found 7028 matches

by JBTX
Wed Aug 16, 2017 9:01 am
Forum: Personal Investments
Topic: what % of international stock
Replies: 36
Views: 4167

Re: what % of international stock

I've always been between 30-40%. Right now P/E valuations worldwide are marginally lower than the US, FWIW.
by JBTX
Wed Aug 16, 2017 8:28 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

1) You have the money 2) You will NOT derail any of your financial goals 3) Your wife wants the sofa What is there to discuss ? Why are you asking BH permission to do something which you need to do for the happiness in your life? I suppose it is a combination of due diligence and rationalization. I...
by JBTX
Wed Aug 16, 2017 8:23 am
Forum: Personal Consumer Issues
Topic: [Prevent mail theft; sign for USPS Informed Delivery]
Replies: 220
Views: 25089

Re: Postal Service -- "informed delivery"

Thanks, but I'm not sure any of this will help. My mailbox is so small. The mail that fills it on the day it's delivered is the stack of local flyers. This stack doesn't even have an address on it. I don't think I can opt out of it. I get very little other junk mail due to opting out years ago. Act...
by JBTX
Wed Aug 16, 2017 12:17 am
Forum: Personal Consumer Issues
Topic: What home task(s) are worth learning to do yourself?
Replies: 46
Views: 6733

Re: What home task(s) are worth learning to do yourself?

I've never been a big DIY guy on home stuff. I do my own mowing and yard work. Mostly for the exercise. Most of the rest of the stuff I contract out unless it is very simple.

One fairly easy and useful task is clean your outside AC coils.
by JBTX
Tue Aug 15, 2017 11:16 pm
Forum: Personal Consumer Issues
Topic: [Prevent mail theft; sign for USPS Informed Delivery]
Replies: 220
Views: 25089

Re: Postal Service -- "informed delivery"

I have this because my mail is a quarter mile away in a community mailroom. The service doesn't tell you about periodicals and bulk mail. If you have a small mailbox (I do), then it can still be full. If the mail carrier can't fit more mail in, your mail can be held at the post office. In addition,...
by JBTX
Tue Aug 15, 2017 8:40 pm
Forum: Personal Investments
Topic: Portfolio Review For A Late Starter
Replies: 16
Views: 1772

Re: Portfolio Review For A Late Starter

Welcome to the forum :) . I did not get serious about investing until my late 30s, and am now comfortably retired, so age 41 is not too late to begin. You can still do fine if your contributions are high and your expenses are kept low. Emergency funds: 6 months Debt: $6000 car note Tax Filing Statu...
by JBTX
Tue Aug 15, 2017 8:10 pm
Forum: Personal Finance (Not Investing)
Topic: buying a rental property vs investing more in stocks
Replies: 26
Views: 6579

Re: buying a rental property vs investing more in stocks

A friend of mine and former coworker (and probably similar financial situation) years ago decided to buy and rent out a beach condo off the Texas coast. He painstakingly researched which ones had good rental history. He made a conservative budget / plan that showed he would st a minimum break even c...
by JBTX
Tue Aug 15, 2017 7:55 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

Bottom line if I veto this #### thing then figuring out the alternative is on me. Haha! $9,000? Sold! If you sit on it an like it and the wife likes it, go for it. Sometimes money makes things in life easier. This sounds like one of those times. JT This is where I'm at. If it suits my needs then gi...
by JBTX
Tue Aug 15, 2017 7:51 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

Your designer should be getting 15-20% off of retail at Century furniture or "to the trade pricing." I'm not clear on whether she is charging you retail + 20% or to the trade plus 20%. It should be the later at most. Also, we paid a designer a design fee for a bathroom reno, he got us to ...
by JBTX
Tue Aug 15, 2017 7:44 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

It would be too much for me to pay, but if you like this particular piece of furniture negotiate the price. I negotiate nearly every large purchase. Simply ask, "Can you do better on the price?" I have never not gotten a discount on furniture using this method. Approach it like a car purc...
by JBTX
Tue Aug 15, 2017 7:37 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

Question 1 - Possibly. Custom furniture is usually expensive, but if the quality is good, I'm sure it could be worth $9000 to somebody. I've never shopped for something like this myself, but I suspect also there is some room to negotiate the final price with the builder. Question 2 - I wouldn't. If...
by JBTX
Tue Aug 15, 2017 5:19 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

Got a call back from 2 different local dealers of the same pieces. Basically the range is $10k to $15k depending on fabric grade so the 9k we were given is actually very competitive. Also one of the stores sells a "Guardian" brand fabric protector that costs $450 to apply but then serves a...
by JBTX
Tue Aug 15, 2017 5:13 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

sharpjm wrote: Tue Aug 15, 2017 4:54 pm I like to go by the net worth / 500 rule for sofas. So if your NW is => 4.5mil, then no $9k is just right.
:)

only about half way there, but perhaps this couch will help me aspire to greater heights.
by JBTX
Tue Aug 15, 2017 4:38 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

...The person helping us with all of this is a designer and a GC. She has been great in the remodel, steering us in a direction that we really like and hiring and handling trusted contractors to do the remodel. Now she has budgeted about $27k for furniture and decor, and the biggest chunk is $9k fo...
by JBTX
Tue Aug 15, 2017 3:41 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

barnaclebob wrote: Tue Aug 15, 2017 2:22 pm Watch this SNL skit and then ask if you even want a sectional:

https://www.youtube.com/watch?v=4-Sjy5DF28s

As for your question, $9k wouldn't surprise me for a large custom high quality piece of furniture.
I forwarded this video to designer. Let's see if she has a sense of humor.
by JBTX
Tue Aug 15, 2017 3:34 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

Great responses! I read through them all. Thanks for the input. I will be going to place with designer to see it and sit on it. I have really tried to stay out of this process as I'd more enjoy a root canal, but ultimately I will be the primary user of this thing. It is where I watch TV. My wife usu...
by JBTX
Tue Aug 15, 2017 2:43 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

barnaclebob wrote: Tue Aug 15, 2017 2:22 pm Watch this SNL skit and then ask if you even want a sectional:

https://www.youtube.com/watch?v=4-Sjy5DF28s

As for your question, $9k wouldn't surprise me for a large custom high quality piece of furniture.
Excellent !!
by JBTX
Tue Aug 15, 2017 2:28 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

There's no way I would spend that kind of money on furniture if I had kids, I probably wouldn't spend it anyways but definitely not if I had kids. I'm just picturing my freak out when the first food or drink is spilled, it ain't pretty. Now whether that's a fair price for a custom sofa of this qual...
by JBTX
Tue Aug 15, 2017 2:23 pm
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Re: Is $9000 too much for a sectional sofa ?

Masterblaster wrote: Tue Aug 15, 2017 11:48 am
Marjimmy wrote: Tue Aug 15, 2017 11:39 am Is $9000 too much for a sectional sofa ?
That depends... Is the $9000 per section or for the whole sofa ?
Whole thing. All 4 pieces
by JBTX
Tue Aug 15, 2017 12:10 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 8878

Re: Plan for making child pay for part of college

People in college need to be either working or interning, degrees don't get jobs skills and work experience do. Should they be flipping burgers? Probably not but if they want to get a job when they graduate they absolutely NEED to be working in their eventual field in some capacity. We have 3 reall...
by JBTX
Tue Aug 15, 2017 12:01 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 8878

Re: Plan for making child pay for part of college

While there is obviously value in kids / young adults gaining work experience and working their way up, the flip side is they are working a slightly above minimum wage job (and taking on debt ) which takes time away from their expensive college studies and experience. You would think that's the cas...
by JBTX
Tue Aug 15, 2017 11:52 am
Forum: Personal Investments
Topic: Both tIRA and Roth investment composition
Replies: 4
Views: 646

Re: Both tIRA and Roth investment composition

It doesn't seem to be a topic discussed here that much. I was just curious. I suppose if you were really worried market was overvalued and is going to crash you could put your equities in tIRAs to reduce the tax burden, but ultimately that in itself is a form of active and speculative management. In...
by JBTX
Tue Aug 15, 2017 11:36 am
Forum: Personal Consumer Issues
Topic: Is $9000 too much for a sectional sofa ?
Replies: 130
Views: 15286

Is $9000 too much for a sectional sofa ?

As I've said elsewhere we are doing a major home remodel, and part of that is replacing our old nasty crappy furniture in a few rooms. The person helping us with all of this is a designer and a GC. She has been great in the remodel, steering us in a direction that we really like and hiring and handl...
by JBTX
Tue Aug 15, 2017 11:17 am
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 8878

Re: Plan for making child pay for part of college

While there is obviously value in kids / young adults gaining work experience and working their way up, the flip side is they are working a slightly above minimum wage job (and taking on debt ) which takes time away from their expensive college studies and experience. You would think that's the cas...
by JBTX
Tue Aug 15, 2017 11:00 am
Forum: Personal Investments
Topic: Value of International Stock in 401k?
Replies: 32
Views: 3130

Re: Value of International Stock in 401k?

As to your leveraged example, you aren't taking it to its logical end. There is always a chance that you can get all heads and your return will be much greater and average out all the busts. Yes. In N years you have a 2^(-N) chance of having 2^(2N) times your original investment, otherwise you have...
by JBTX
Tue Aug 15, 2017 12:33 am
Forum: Personal Investments
Topic: Where to invest after maxing out, with a twist
Replies: 14
Views: 2811

Re: Where to invest after maxing out, with a twist

Hi all, I’m new to this forum and read the The Bogleheads' Guides 4 years ago and have worked steadily on my finances. I have a been given a raise recently and I was wondering where I should put my additional cashflow (~$1500/mo). The options that I am considering are paying down mortgage, 529, sav...
by JBTX
Mon Aug 14, 2017 11:24 pm
Forum: Personal Consumer Issues
Topic: What's your personal criteria for deciding whether or not to rent a car?
Replies: 105
Views: 7745

Re: What's your personal criteria for deciding whether or not to rent a car?

We take a couple round trips each year that over 2000 miles RT each (family in FL and MN ). Most times take our own cars. A couple of times I did take a rental and on a weekly basis wasn't a bad deal. One time i did it for work reimbursement purposes (doing work on trip also) and the other my car wa...
by JBTX
Mon Aug 14, 2017 9:53 pm
Forum: Personal Consumer Issues
Topic: Car Rental on Current Car Insurance Policy?
Replies: 16
Views: 1860

Re: Car Rental on Current Car Insurance Policy?

I don't. But I've had a few accidents and had to pay rental out of pocket. I guess it depends on the cost. While typically you don't insure for small dollar things you can afford, there is a convenience factor of having rental paid for vs having to eat the cost. Plus last couple of times I was in ac...
by JBTX
Mon Aug 14, 2017 9:21 pm
Forum: Personal Investments
Topic: Value of International Stock in 401k?
Replies: 32
Views: 3130

Re: Value of International Stock in 401k?

I'd have to play out the math on your example but on the surface it doesnt make sense. You generally don't gain return by diversification. What you do is minimize volatility. You need to play out the math. Gaining return and minimizing volatility are the same thing. That's why we often talk in term...
by JBTX
Mon Aug 14, 2017 8:38 pm
Forum: Personal Investments
Topic: Value of International Stock in 401k?
Replies: 32
Views: 3130

Re: Value of International Stock in 401k?

Moreover, one can treat the 401k holdings as a unified account with the IRA. One could then hold international stocks in an IRA and save 1-1.2%% in fees. This seems like a no-brainer. Why not just contribute to your 401k at a level to obtain the maximum match, if any, and then prioritize IRA contri...
by JBTX
Mon Aug 14, 2017 8:28 pm
Forum: Personal Investments
Topic: Both tIRA and Roth investment composition
Replies: 4
Views: 646

Both tIRA and Roth investment composition

For those that have accumulated funds in both Roths and Traditional IRAs / 401k (and also taxable accounts) , how do you allocate your investment classes across tax deferred vehicles, or do you? I tend to be more equity heavy in Roths and more income heavy in traditionals under the theory that equit...
by JBTX
Mon Aug 14, 2017 8:08 pm
Forum: Personal Finance (Not Investing)
Topic: Plan for making child pay for part of college
Replies: 111
Views: 8878

Re: Plan for making child pay for part of college

For those that can afford to help pay for their kids college, often those who had to pay for their own college see value in their kids pitching in, those who didn't probably less so. In my case I was lucky enough to have my parents pay for it. But they instilled the values not to squander it. We pla...
by JBTX
Mon Aug 14, 2017 6:37 pm
Forum: Personal Investments
Topic: Value of International Stock in 401k?
Replies: 32
Views: 3130

Re: Value of International Stock in 401k?

Moreover, one can treat the 401k holdings as a unified account with the IRA. One could then hold international stocks in an IRA and save 1-1.2%% in fees. This seems like a no-brainer. Why not just contribute to your 401k at a level to obtain the maximum match, if any, and then prioritize IRA contri...
by JBTX
Mon Aug 14, 2017 6:16 pm
Forum: Personal Finance (Not Investing)
Topic: best credit card for airline mile
Replies: 37
Views: 7531

Re: best credit card for airline mile

I've kind of steered away from airline mileage cards for one airline. Rarely can I use the points economcally without either going to a higher point tier or paying a copayment along with the points to use them. Some of the hotel chain cards look more useful. The non airline travel cards are better a...
by JBTX
Mon Aug 14, 2017 6:01 pm
Forum: Personal Consumer Issues
Topic: Public vs Private Elementary
Replies: 57
Views: 5554

Re: Public vs Private Elementary

There have been controlled studies that have generally shown the outcomes (test scores etc) is just as good in public schools vs private when you control for demographic factors. In fact in terms of academics public schools did slightly better than religious based private schools (again controlling ...
by JBTX
Mon Aug 14, 2017 5:21 pm
Forum: Personal Consumer Issues
Topic: Retired Boglehead obsession with money- devil's advocate
Replies: 84
Views: 13962

Re: Retired Boglehead obsession with money- devil's advocate

1. By nature those that worry enough to save are probably still going to worry when the goal is reached. There are always theoretical risks and benefits to having more. Conversely those who don't worry probably won't save as much to begin with. 2. While it is true that people generally start to beco...
by JBTX
Sun Aug 13, 2017 9:28 pm
Forum: Personal Finance (Not Investing)
Topic: Expect to spend $2.6M on healthcare?
Replies: 66
Views: 8739

Re: Expect to spend $2.6M on healthcare?

I came across this report while trying to find estimates for the cost of healthcare in retirement: http://www.hvsfinancial.com/PublicFiles/2017_Retirement_Health_Care_Costs_Data_Report_FINAL_6.13_V2.pdf Key points: A 65 year old couple today can expect to spend $404,253 on lifetime Medicare-related...
by JBTX
Sun Aug 13, 2017 7:59 pm
Forum: Personal Investments
Topic: Create a Mortgage Payoff Fund or Not?
Replies: 20
Views: 2256

Re: Create a Mortgage Payoff Fund or Not?

200k emergency fund, eh? Some people retire with less money. The problem is we have zero context of his total portfolio. How much does he have in retirement or taxable equities or bonds, etc? If he is 50 and has $1 million + in stocks/bonds in various accounts, having a $200K cash balance may not s...
by JBTX
Sun Aug 13, 2017 7:43 pm
Forum: Personal Consumer Issues
Topic: Tub/shower/bath cleaners...your recommended products?
Replies: 20
Views: 3404

Re: Tub/shower/bath cleaners...your recommended products?

For glass shower doors and to some extent the whole shower, a combination of vinegar and dawn dishwashing soap works very well for build up. You can google this and see all kinds of videos. It really does work. Once clean I find using a product like clean shower everyday after you shower works very ...
by JBTX
Sun Aug 13, 2017 5:08 pm
Forum: Personal Investments
Topic: Create a Mortgage Payoff Fund or Not?
Replies: 20
Views: 2256

Re: Create a Mortgage Payoff Fund or Not?

200k emergency fund, eh? Some people retire with less money. The problem is we have zero context of his total portfolio. How much does he have in retirement or taxable equities or bonds, etc? If he is 50 and has $1 million + in stocks/bonds in various accounts, having a $200K cash balance may not s...
by JBTX
Sun Aug 13, 2017 3:52 pm
Forum: Personal Consumer Issues
Topic: Alternatives/choices with ambulance or rescue squad
Replies: 25
Views: 2025

Re: Alternatives/choices with ambulance or rescue squad

If you really want to save serious money, consider a medical bracelet that says "DO NOT AIRLIFT". I've seen instances where a helicopter was called in, simply because it was available, and an ambulance transport would have been just as fast. I know it's sometimes necessary, based on your ...
by JBTX
Sun Aug 13, 2017 3:50 pm
Forum: Personal Consumer Issues
Topic: Alternatives/choices with ambulance or rescue squad
Replies: 25
Views: 2025

Re: Alternatives/choices with ambulance or rescue squad

We had to use emergency transport for a non life threatening situation a couple of times recently (more detail than I'd rather get into). One downside of such transportation is that the providers are typically not under contract with insurance companies so basically they charge you whatever they dam...
by JBTX
Sun Aug 13, 2017 3:28 pm
Forum: Personal Investments
Topic: Create a Mortgage Payoff Fund or Not?
Replies: 20
Views: 2256

Re: Create a Mortgage Payoff Fund or Not?

It's really impossible to answer that question without a full financial picture but I tend towards option 2 and using a portion of the funds to - Maximize any 401ks, roths, backdoor roths or any other retirement vehicles you haven't maximized - invest in taxable account in a conservative low fee tax...
by JBTX
Sun Aug 13, 2017 3:12 pm
Forum: Personal Investments
Topic: RE: Retirement and College Planning
Replies: 17
Views: 1935

Re: RE: Retirement and College Planning

I'm thinking realistically you have two options at your stage in life given where you are: Save aggressively for retirement until 68-70 and perhaps you will have enough to retire. Then: 1. Leave the financing of your kids education to them. They can go to community colleges or state schools and perh...
by JBTX
Sun Aug 13, 2017 2:58 pm
Forum: Personal Investments
Topic: 401k + ira + roth = confused
Replies: 28
Views: 3288

Re: 401k + ira + roth = confused

Hi, trying to get my head wrapped around something... I'm 100% owner of a Texas S corp with employees. I file an 1120s K-1. I'm opening a safe harbor through Employee Fiduciary. My wife and I both have traditional IRA's with balances of +/- 52k and 30k I'm in a higher tax bracket. My plan is to fun...
by JBTX
Sat Aug 12, 2017 1:46 am
Forum: Personal Investments
Topic: 401k + ira + roth = confused
Replies: 28
Views: 3288

Re: 401k + ira + roth = confused

Hi, trying to get my head wrapped around something... I'm 100% owner of a Texas S corp with employees. I file an 1120s K-1. I'm opening a safe harbor through Employee Fiduciary. My wife and I both have traditional IRA's with balances of +/- 52k and 30k I'm in a higher tax bracket. My plan is to fun...
by JBTX
Sat Aug 12, 2017 1:39 am
Forum: Personal Finance (Not Investing)
Topic: "Why do you want to come here?" Hiring Manager Question
Replies: 19
Views: 3769

Re: "Why do you want to come here?" Hiring Manager Question

You can over think these things. Decades ago I had an interview with a big rig truck dealership that paid pretty lucrative salaries for management staff. I had done well in the interviews and the final step was a phone conversation with a third party psychologist they hire to evaluate fit. In some o...
by JBTX
Sat Aug 12, 2017 1:23 am
Forum: Personal Finance (Not Investing)
Topic: Career Decision - HCOL area vs. LCOL area
Replies: 13
Views: 2245

Re: Career Decision - HCOL area vs. LCOL area

rebellovw wrote:You are too young in my opinion and being single I would think D.C. would be more fun.
From what I've heard D.C. Area is good area to be young and single. But it's always easy for older married farts like me to say such things.
by JBTX
Sat Aug 12, 2017 1:18 am
Forum: Personal Consumer Issues
Topic: How far would you travel to see The Eclipse?
Replies: 259
Views: 23575

Re: How far would you travel to see The Eclipse?

DFW is in path of 2024? I think I'll wait. Not going to pull kids out of school to go to this one.